10 Things to Teach Your Kids About Money Before They Are 10

10 Things to Teach Your Kids About Money Before They Are 10

Kids and Money
With two kids under 10 in my house, I’m constantly shocked by how much they grasp. At the same time, it also amazes me how much they still have to learn when it comes to money.  Yesterday, I told my kids I was going to the grocery store and asked if they wanted anything. My son replied, “$600,000.” We had a conversation about how much money $600,000 is, and he seemed surprised.  Kids don’t learn enough about money in school. It’s unfortunate, but it’s not a core part of the school curriculum. So, it’s up to us, as parents, to teach our kids about money. But what should they know, and by when? Money Lessons for Kids There are countless things you can teach your kids about personal finance. Choosing…
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New FSA Dependent Care Changes for 2021

New FSA Dependent Care Changes for 2021

Kids and Money
At the end of last year, we wrote about COVID’s effect on Dependent Care FSAs and how you could make changes at the end of 2020 to save money. Well, if you didn’t make changes at that time, or even if you were able to make some changes but still had money left over in your FSA, there is still hope.  Congress passed new legislation that allows you to better utilize your FSA this year. Due to COVID-19, Congress has provided a lot more flexibility for your dependent care FSA. It’s the most flexible FSA setup I’ve ever seen. Dependent Care FSA Updates Specifically, here are the top things to know about your FSA for this year: You can use any unspent funds from 2020 in 2021. This means that…
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How To Stop Procrastinating Emotionally & Have The “Money Talk” With Your S.O.  #WMWeek17 @maggiegermano

How To Stop Procrastinating Emotionally & Have The “Money Talk” With Your S.O. #WMWeek17 @maggiegermano

#WMWeek17, Kids and Money, Money in Your 20s/30s/40s/50s/Retirement, Relationships & Money, Saving & Investing, Women's Money Week
I’m sure you’ve heard it before, but money is reported to be one of the top reasons for relationship discord. And no, it’s not due to the lack of money. It’s the lack of compatibility and communication about money. But it’s not hopeless. There are constructive ways to have these conversations while making sure you’re being heard and understood by your partner.Let me back up and explain why I, of all people, am giving you advice about how to have one of the hardest conversations possible with your SO. I’ve worked for years as a Certified Financial Education Instructor and financial coach for women. My life’s mission is to give women the support and the tools that they need to take control of their money, break the taboo of discussing…
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